Mumbai: For the fifth year in a row now, SP Jain’s flagship Global MBA program has been ranked in the Top 20 in the Forbes list of the world’s best 1-year international MBAs. The Forbes MBA ranking, along with Financial Times and The Economist, are among the most prestigious MBA rankings in the world, and SP Jain Global is the only school of Indian-origin (and the youngest) to get all three. The latest ranking places SP Jain Global in the company of top institutions like IMD, INSEAD, IE, Cambridge, Oxford, Warwick and SDA Bocconi.
Forbes’ biennial ranking of the world’s best international MBA programs is based solely on the return on investment achieved by graduates. This year, the Forbes ranking compared the earnings of the Class of 2012 in their first five years post-MBA. SP Jain Global MBA Class of 2012 reported close to a six-fold increase in salaries – from a pre-MBA salary of USD 9,000 to USD 50,000 (in 2016). SP Jain Global has also been ranked #1 in salary growth for all 5 years.
“Campus placements are often used to measure a school’s success. However, top rankings like Forbes, Financial Times and The Economist measure graduate outcomes over a period of time. This is a superior measure of success as they consider long-term student growth, and not just starting salaries,” shares Nitish Jain, President of SP Jain Global.
“Our ranking among the world’s best business schools by reputed international publications is a direct reflection of how well our graduates have been able to perform. To be the only school of Indian-origin in the ranking is thrilling,” he further added. Graduates of the 13-year-old Global MBA program are working at organisations like the Boston Consulting Group, P&G, Google, Amazon, Facebook, Nike, Unilever, Apple, World Economic Forum and Barclays, all leading global corporations.
A distinctive highlight of the Global MBA program is its multi-campus model, and the school credits much of their global success to this. Dr. Indu Niranjan, Dean of the program shares, “Our goal is to train our graduates for top companies around the world. Our students have the unique benefit of studying in 3 countries. They understand how to operate in a global business environment – a skill much valued by recruiters. They undertake projects with top companies, interact with business leaders and thinkers, go on cultural tours and develop important global skills. These skills have led to better jobs, salaries, and better graduate outcomes.”
A few weeks earlier, the school announced successful placements for its recently graduated Global MBA Class of 2017. At USD 34,494, the Class of 2017 witnessed a 36% increase in average starting salaries as compared to the previous batch’s USD 25,295, placing SP Jain Global among the top b-schools of Indian-origin in terms of graduate outcomes.